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20120923
20120923
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. that will prove costly. one thing we want to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another recession? there are lots of signs that we are going there already. >> that is true. we had indications of a worsening of business activity in europe and china. this is beginning to hurt u.s. exports. u.s. consumers and businesses, themselves, are shying away from major expenditures, especially business in terms of capital spending until fiscal cliff uncertainties are resolved. we are not going to resolve those uncertainties until we get the election out of the way. that is why these upcoming presidential debates and october will be of the utmost importance and they very much they ha
Search Results 0 to 1 of about 2 (some duplicates have been removed)

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